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Bandwidth.com, a complete business communications provider to the SMB market, has announced that Matthew Petzold will be joining the company as its new Chief Financial Officer. Petzold played a pivotal role in the largest private equity funding in North Carolina history for Motorcity when he served as a CFO for that company recently.
Bandwidth.com is a profitable business with over 130 employees and the company is currently experiencing a rapid market share growth. It provides services in all 50 states, offering advanced VoIP  , Internet services, and managed network services.
“Matt’s experience is unparalleled. He knows telecom, he knows high growth, he knows how to execute, and he knows how to inspire those that work with and for him,” said David Morken, Chairman and President of bandwidth.com. “He is exactly the CFO we’re looking for as we take our business to true leadership in the business telecom industry.”
“I couldn’t be more excited to be joining Bandwidth.com at this time of high growth and increased service offerings. I look forward to adding my experience and expertise and becoming a key part in achieving increased revenue and profitability.” said Petzold.
Bandwidth.com will look forward to profit from Petzold’s vast experience at the financial helm of companies that are at the forefront of the industry. The company believes that Petzold’s experience of overseeing extensive growth and fundraising will be instrumental in advancing Bandwidth.com.
Raju Shanbhag is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.
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